Brief: Aurelia Metals Gets Funds To Deliver Development Of Federation Base Metals Project

Aurelia Metals

31/05/2023 01:01

May 31 (Reuters) - Aurelia Metals Ltd  AMI.AX :
    * FUNDING SOLUTION TO DELIVER DEVELOPMENT OF  FEDERATION
BASE
METALS PROJECT
    * FUNDING COMPRISED OF ABOUT A$100M OF NEW SENIOR SECURED
FINANCING FACILITIES & AND A$40M FULLY UNDERWRITTEN EQUITY
RAISING
    * PORTION OF FUNDS WILL BE USED TO REPAY CO'S EXISTING A$9M
TERM
LOAN & BOND FACILITY WILL REPLACE EXISTING A$57M GUARANTEE
FACILITY
    * FUNDING AT OFFER PRICE OF A$0.090 PER SHARE

Source text for Eikon:  ID:nASX8Q5nhb 
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 ((Reuters.Briefs@thomsonreuters.com;))